Watt´s S.A. (SNSE:WATTS) subscribed a contract to acquire the assets of Danone Chile S.A from Danone (ENXTPA:BN) for $24.2 million on September 7, 2016. The consideration is excluding financial debt. The transaction includes the Chillan productive plant and the Calán brand, as well as a license contract for the use of the Activia, Danone and Danone Light brands in the local market for 15 years. Danone Chile reported turnover of CLP 386.2 billion ($544.48 million) in 2015. The transaction is subject to customary conditions and expected to be complete in the following months. Currency conversion was done using www.oanda.com.

Watt´s S.A. (SNSE:WATTS) completed the acquisition of the assets of Danone Chile S.A from Danone (ENXTPA:BN) on February 10, 2017.